(Total Views: 139)
Posted On: 05/16/2022 8:00:47 PM
Post# of 13818
10Q highlights
Revenues: Revenues increased by $69,342 from $29,110 for the three months ended March 31, 2021 to $98,452 for the three months ended March 31, 2022 as a result of increase revenues recognized from an expansion of national advertisers that increased marketing and networking efforts.
Cost of revenues: Cost of revenues decreased by $172 from $3,262 for the three months ended March 31, 2021 to $3,090 for the three months ended March 31, 2022.
Operating Expenses: Operating expenses increased by $41,409 from $82,823 for the three months ended March 31, 2021 to $123,732 for the three months ended March 31, 2022 due to increases in general and administrative and professional and other filing fees.
Other Expenses: Other Expenses, consisting of interest, decreased by $5,323 from $17,976 for the three months ended March 31, 2021 to $12,653 for the three months ended March 31, 2022 as a result of the conversion of convertible debt in 2021.
Net Loss From Continuing Operations: As a result of the above, the Net loss from continuing operations decreased by $33,428 from $74,451 for the three months ended March 31, 2021 to $12,653 for the three months ended March 31, 2022.
No Item 2. "Unregistered Sales of Equity Securities and Use of Proceeds". since March 11, 2021
Strategic Vision
Recent advances in a multitude of different yet converging technologies have significantly improved the ability to integrate energy efficient products and solutions into infrastructure related projects. These technological advances decrease the requirements needed to jointly operate a multitude of differing assets, devices, and tools that create new ways to integrate evolving new technologies. This technological change and convergence in energy efficient devices, integrated communications among devices, and societal needs to more effectively and environmentally friendly we believe presents a significant opportunity for us in providing and supporting simple to complex integrated solutions.
Revenues: Revenues increased by $69,342 from $29,110 for the three months ended March 31, 2021 to $98,452 for the three months ended March 31, 2022 as a result of increase revenues recognized from an expansion of national advertisers that increased marketing and networking efforts.
Cost of revenues: Cost of revenues decreased by $172 from $3,262 for the three months ended March 31, 2021 to $3,090 for the three months ended March 31, 2022.
Operating Expenses: Operating expenses increased by $41,409 from $82,823 for the three months ended March 31, 2021 to $123,732 for the three months ended March 31, 2022 due to increases in general and administrative and professional and other filing fees.
Other Expenses: Other Expenses, consisting of interest, decreased by $5,323 from $17,976 for the three months ended March 31, 2021 to $12,653 for the three months ended March 31, 2022 as a result of the conversion of convertible debt in 2021.
Net Loss From Continuing Operations: As a result of the above, the Net loss from continuing operations decreased by $33,428 from $74,451 for the three months ended March 31, 2021 to $12,653 for the three months ended March 31, 2022.
No Item 2. "Unregistered Sales of Equity Securities and Use of Proceeds". since March 11, 2021
Strategic Vision
Recent advances in a multitude of different yet converging technologies have significantly improved the ability to integrate energy efficient products and solutions into infrastructure related projects. These technological advances decrease the requirements needed to jointly operate a multitude of differing assets, devices, and tools that create new ways to integrate evolving new technologies. This technological change and convergence in energy efficient devices, integrated communications among devices, and societal needs to more effectively and environmentally friendly we believe presents a significant opportunity for us in providing and supporting simple to complex integrated solutions.
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